The ban impact: TikTok's parent company may lose USD 6 Billion

Credit: Mid-Day- Published on July 2, 2020
TikTok's mother company, China-based ByteDance, could face a loss of USD 6 Billion following Indian government's decision to ban 59 Chinese apps including wildly popular TikTok. "The loss of Chinese internet company Byte Dance mother company of Tik Tok could be as high as USD 6 billion after the Indian government banned 59...

Video credit: ANI
Published on June 30, 2020 -  03:47
Indians support Centre's decision of banning Chinese apps
The Central Government banned 59 mobile apps including TikTok, UC Browser and other Chinese apps on June 29. Tik Tok has been removed from Apple's App Store and Google Play Store. TikTok star Sweety Singh, who had over 1 million followers on the app, welcomed the government's decision to ban Chinese apps. Tik Too users were seen deleting the app from there phonesa day after the app was banned by the Centre. As per Government of India, these apps are prejudicial to sovereignty and integrity of India, defence of India, security of the state and public order. Delhiites also welcomed the decision to remove Chinese apps.

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